CHICAGO, IL -- (Marketwire) -- 03/18/13 -- Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today the PowerShares S&P 500 Low Volatility Portfolio (SPLV) has surpassed $4 billion in assets under management, demonstrating its broad appeal within the investment community.
"Invesco PowerShares pioneered low-volatility ETFs. We take pride in being first to market with groundbreaking products, and SPLV is a prime example of our ongoing commitment to innovation," said Ben Fulton, Invesco PowerShares managing director of global ETFs. "As the flagship low-volatility ETF on the market, SPLV has averaged over $7.6 million in inflows per day since its inception."
The PowerShares S&P 500 Low Volatility Portfolio launched in May 2011 to help investors reduce portfolio volatility and improve risk-adjusted returns. SPLV continues to be the largest and most actively traded low-volatility ETF on the market today.(1)
"Investors have been allocating low-volatility ETF strategies as core portfolio holdings," said John Feyerer, head of product strategy & research at Invesco PowerShares. "PowerShares low-volatility ETFs are based on an index methodology that is easy to understand and are an effective way for investors to add or maintain equity exposures, while attempting to mitigate overall portfolio risk. We believe the PowerShares suite of low-volatility ETFs represent an attractive alternative to cap weighted strategies."
Invesco PowerShares has the largest family of low-volatility ETFs on the market, both in number of products as well as collective AUM:
•PowerShares S&P 500® Low Volatility Portfolio (SPLV) •PowerShares S&P Emerging Markets Low Volatility Portfolio (EELV) •PowerShares S&P International Developed Low Volatility Portfolio (IDLV) •PowerShares S&P MidCap Low Volatility Portfolio (XMLV) •PowerShares S&P SmallCap Low Volatility Portfolio (XSLV)
PowerShares S&P 500 Low Volatility Portfolio tracks the S&P 500 Low Volatility Index which consists of 100 stocks selected from the S&P 500® Index with the lowest realized volatility over the past 12 months. Since May 2011, the S&P 500 Low Volatility Index has achieved better returns with lower volatility than both the MSCI USA Minimum Volatility Index and S&P 500 Index.
----------------------------------------------------------------------------Performance S&P 500 Low Volatility MSCI USA Minimum S&P 500 Index Volatility Index Index----------------------------------------------------------------------------1 Year 17.40% 15.75% 13.46%----------------------------------------------------------------------------Since SPLV Inception on5/5/11 (annualized) 14.26% 13.45% 9.63%----------------------------------------------------------------------------Dividend 12-Month Yield(2) 3.15% 2.79% 2.12%--------------------------------------------------------------------------------------------------------------------------------------------------------Volatility S&P 500 Low Volatility MSCI USA Minimum S&P 500 Index Volatility Index Index----------------------------------------------------------------------------1 Year 8.67% 9.21% 12.83%----------------------------------------------------------------------------Since SPLV Inception 13.19% 13.65% 18.89%----------------------------------------------------------------------------
